The jackpot for the Powerball draw on Sat Jul 19, 2025, is projected to be $288 Million, with an option for a cash payout of $130.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Sat Jul 19, 2025 |
|---|
| Draw Date | Sat Jul 19, 2025 | | Projected Jackpot | $288,000,000 | | Cash Value | $130,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $130,600,000 | | Federal Tax(24%) | $31,344,000 | | Additional Federal Tax | $16,938,330 | | State Tax(2.9%) | $3,787,400 | | Net Lumpsum Payment | $78,530,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,334,688 |
$1,564,165
$125,706 |
$2,644,817 |
| 2 |
$4,551,552 |
$1,644,405
$131,995 |
$2,775,152 |
| 3 |
$4,779,072 |
$1,728,587
$138,593 |
$2,911,892 |
| 4 |
$5,018,112 |
$1,817,032
$145,525 |
$3,055,555 |
| 5 |
$5,268,960 |
$1,909,846
$152,800 |
$3,206,314 |
| 6 |
$5,532,480 |
$2,007,348
$160,442 |
$3,364,690 |
| 7 |
$5,808,960 |
$2,109,646
$168,460 |
$3,530,854 |
| 8 |
$6,099,552 |
$2,217,165
$176,887 |
$3,705,500 |
| 9 |
$6,404,544 |
$2,330,012
$185,732 |
$3,888,800 |
| 10 |
$6,724,800 |
$2,448,506
$195,019 |
$4,081,275 |
| 11 |
$7,060,896 |
$2,572,862
$204,766 |
$4,283,268 |
| 12 |
$7,413,984 |
$2,703,504
$215,006 |
$4,495,474 |
| 13 |
$7,784,640 |
$2,840,647
$225,755 |
$4,718,238 |
| 14 |
$8,174,016 |
$2,984,716
$237,046 |
$4,952,254 |
| 15 |
$8,582,688 |
$3,135,925
$248,898 |
$5,197,865 |
| 16 |
$9,011,808 |
$3,294,699
$261,342 |
$5,455,767 |
| 17 |
$9,462,240 |
$3,461,359
$274,405 |
$5,726,476 |
| 18 |
$9,935,424 |
$3,636,437
$288,127 |
$6,010,860 |
| 19 |
$10,432,224 |
$3,820,253
$302,534 |
$6,309,437 |
| 20 |
$10,953,792 |
$4,013,233
$317,660 |
$6,622,899 |
| 21 |
$11,501,568 |
$4,215,911
$333,545 |
$6,952,112 |
| 22 |
$12,076,704 |
$4,428,711
$350,224 |
$7,297,769 |
| 23 |
$12,680,352 |
$4,652,061
$367,730 |
$7,660,561 |
| 24 |
$13,314,528 |
$4,886,706
$386,121 |
$8,041,701 |
| 25 |
$13,980,096 |
$5,132,966
$405,423 |
$8,441,707 |
| 26 |
$14,679,360 |
$5,391,694
$425,701 |
$8,861,965 |
| 27 |
$15,413,184 |
$5,663,208
$446,982 |
$9,302,994 |
| 28 |
$16,183,872 |
$5,948,363
$469,332 |
$9,766,177 |
| 29 |
$16,993,152 |
$6,247,797
$492,801 |
$10,252,554 |
| 30 |
$17,842,752 |
$6,562,149
$517,440 |
$10,763,163 |
|
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